Which of the following describes the S&P/Case-Shiller index?

A. A stock market index
B. An index of interest rates on mortgages
C. An index of house prices
D. An index showing the dollar amount of mortgages granted each month


C

The S&P/Case-Shiller index is an index of house prices

Business

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Awards for emotional distress attributable to a physical injury are excluded from gross income.

Answer the following statement true (T) or false (F)

Business

What proofreading procedure should Anthony use when proofreading a technical support manual?

a. Proofread only once, thoroughly checking for errors of various types. b. Proofread twice, concentrating in the first pass on content errors and in the second pass on format errors. c. Proofread three times, concentrating on content, organization, and style in the first pass, on mechanical errors in the second pass, and reading from right to left on the third pass. d. Allow the computer to do the proofreading, as it is more thorough and accurate.

Business

Which of the following is true concerning instant messaging (IM)?

a. Most companies use IM in some way. b. Special hardware is needed to IM. c. Spelling and grammar are as important in IM as in email. d. All of the above are true.

Business

A firm will set a low payout ratio and finance by retaining earnings rather than through the sale of new common stock when the:

A. flotation costs are high. B. management wants to dilute the ownership. C. firm has no constraints in distributing dividends. D. firm has excess cash to distribute. E. firm has less investment opportunities to use its earnings.

Business